BHG Group AB (STU:7B1) Cyclically Adjusted PB Ratio: 0.56 (As of Aug. 17, 2026) — Near Median

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STU:7B1 BHG Group AB STU:7B1
73 GF Score
Price €1.81
GF Value €1.93
Valuation Fairly Valued
! 3 Warning Signs
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What is BHG Group AB Cyclically Adjusted PB Ratio?

BHG Group AB STU:7B1 -1.68% 73 Cyclically Adjusted PB Ratio is 0.56 as of Aug. 17, 2026, which is at its 10-year median of 0.56. GuruFocus rates STU:7B1 with a GF Score™ of 73/100 and a GF Value™ of €1.93 (Fairly Valued). The stock has 3 warning signs investors should review. Among 792 Retail - Cyclical companies, BHG Group AB ranks better than 73.99% on this metric.

As of today (2026-08-17), BHG Group AB's current share price is €1.81. BHG Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €3.24. BHG Group AB's Cyclically Adjusted PB Ratio for today is 0.56.

The historical rank and industry rank for BHG Group AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:7B1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.56   Max: 0.64
Current: 0.56

During the past years, BHG Group AB's highest Cyclically Adjusted PB Ratio was 0.64. The lowest was 0.52. And the median was 0.56.

STU:7B1's Cyclically Adjusted PB Ratio is ranked better than
73.99% of 792 companies
in the Retail - Cyclical industry
Industry Median: 1.22 vs STU:7B1: 0.56

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

BHG Group AB's adjusted book value per share data for the three months ended in Jun. 2026 was €2.997. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €3.24 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BHG Group AB  (STU:7B1) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


BHG Group AB Cyclically Adjusted PB Ratio Related Terms


BHG Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BHG Group AB's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BHG Group AB Cyclically Adjusted PB Ratio Chart

BHG Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BHG Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.61

STU:7B1 vs AMZN, BABA, PDD: Cyclically Adjusted PB Ratio Comparison

For the Internet Retail subindustry, BHG Group AB's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BHG Group AB Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BHG Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BHG Group AB's Cyclically Adjusted PB Ratio falls into.


STU:7B1
73GF Score
BHG Group AB STU:7B1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BHG Group AB Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

BHG Group AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.81/3.24
=0.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BHG Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, BHG Group AB's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.997/134.6100*134.6100
=2.997

Current CPI (Jun. 2026) = 134.6100.

BHG Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.152 100.276 0.204
201612 0.212 102.022 0.280
201703 0.000 102.022 0.000
201706 0.000 102.752 0.000
201709 0.000 103.279 0.000
201712 2.227 103.793 2.888
201803 2.452 103.962 3.175
201806 2.462 104.875 3.160
201809 2.444 105.679 3.113
201812 2.523 105.912 3.207
201903 2.482 105.886 3.155
201906 2.501 106.742 3.154
201909 2.538 107.214 3.187
201912 2.568 107.766 3.208
202003 2.520 106.563 3.183
202006 2.641 107.498 3.307
202009 2.774 107.635 3.469
202012 2.552 108.296 3.172
202103 3.730 108.360 4.634
202106 3.889 108.928 4.806
202109 4.103 110.338 5.006
202112 4.098 112.486 4.904
202203 4.061 114.825 4.761
202206 4.452 118.384 5.062
202209 4.440 122.296 4.887
202212 3.952 126.365 4.210
202303 3.722 127.042 3.944
202306 3.605 129.407 3.750
202309 3.087 130.224 3.191
202312 3.164 131.912 3.229
202403 3.088 132.205 3.144
202406 3.033 132.716 3.076
202409 2.977 132.304 3.029
202412 2.808 132.987 2.842
202503 2.940 132.825 2.980
202506 2.944 133.699 2.964
202509 2.962 133.480 2.987
202512 3.007 133.390 3.035
202603 3.028 133.560 3.052
202606 2.997 134.610 2.997

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.56 mean?
BHG Group AB (STU:7B1) has a Cyclically Adjusted PB Ratio of 0.56 as of Aug. 17, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on BHG Group AB and its competitors. This is near median its historical median of 0.56. Over the past decade, BHG Group AB's Cyclically Adjusted PB Ratio has ranged from 0.52 to 0.64. According to the industry distribution chart, BHG Group AB ranks #206 out of 792 companies in the Retail - Cyclical industry, placing it in the top 26%.
Is BHG Group AB's Cyclically Adjusted PB Ratio too high?
BHG Group AB's current Cyclically Adjusted PB Ratio of 0.56 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 0.64. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.22. BHG Group AB's value of 0.56 is 54.1% below this industry median. Based on the distribution chart, BHG Group AB ranks #206 out of 792 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, BHG Group AB has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BHG Group AB's Cyclically Adjusted PB Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, BHG Group AB ranks #206 out of 792 companies for Cyclically Adjusted PB Ratio. This puts BHG Group AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. BHG Group AB's value of 0.56 is 54.1% below this benchmark. Historically, BHG Group AB's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 0.64 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.22, BHG Group AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.22, based on 792 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BHG Group AB's current Cyclically Adjusted PB Ratio of 0.56 is 54.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on BHG Group AB and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHG Group AB's current Cyclically Adjusted PB Ratio is 0.56, which is near median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHG Group AB stock overvalued right now?
Based on GuruFocus' analysis, BHG Group AB (STU:7B1) is currently considered Fairly Valued. The stock's GF Value™ is €1.93, compared to a current price of €1.81 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.56, which is near median its 10-year median of 0.56 and 54.1% below the Retail - Cyclical industry median of 1.22. BHG Group AB's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For BHG Group AB (STU:7B1), the current Cyclically Adjusted PB Ratio is 0.56 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BHG Group AB (STU:7B1) Overvalued in 2026?

Based on GuruFocus' analysis, BHG Group AB stock appears to be undervalued. The current stock price of €1.81 is trading 6.2% below its estimated GF Value™ of €1.93. GuruFocus considers BHG Group AB to be Fairly Valued.

Key valuation signals for STU:7B1:

  • Cyclically Adjusted PB Ratio: 0.56 (near median its 10-year median of 0.56)
  • GF Value™: €1.93 vs. price of €1.81 (6.2% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 54.1% below the Retail - Cyclical median (#206 of 792)

No single metric tells the full story. See the STU:7B1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BHG Group AB Business Description

Other Exchanges BHG:Sweden0SOM:UK
Address Neptunigatan 1, Malmo, SWE, 211 20
BHG Group AB is a consumer e-commerce company in the Nordics and is also present in the rest of Europe, as well as in selected markets outside of Europe. It provides Home improvement space, meaning Do-It-Yourself and Home furnishings. The company's operating segments are; Home Improvement which comprises brands targeted at Nordic DIY customers, such as Bygghemma, Taloon, Golvpoolen, Nordiska Fonster, Outlet1, Hafa, and Hylte Jakt & Tradgard; the Value Home segment which comprises brands with assortments for the home targeted at price-conscious European customers, such as Trademax, Chilli, Furniture 1 and Furniturebox, and the Premium Living segment which comprises brands with assortments of premium products within the Scandinavian design.
73GF Score

Get the complete analysis for STU:7B1

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.81
Price
€1.93
GF Value